Yes guitarist Peter Banks dead at 65

British guitarist Pete Banks, one of the original members of the progressive rock band Yes, has died at the age of 65.

"It’s with great sadness to have to report the death of Peter Banks. He died in his London home on March 7, 2013 due to heart failure," according to a statement on his website.

Banks' body was discovered after he failed to show up for a recording session. His death was attributed to heart failure.

Producer Billy Sherwood said of Banks: “I loved working with Peter on the many records I have produced over the years. He always delivered amazing stuff, creative, inspires and always with that classic original Yes flavor that came with his playing. He will be missed by me and many, many other fans of his music and playing.”

Banks reportedly came up with the name Yes for the band. He left in 1970 and was replaced with Steve Howe.